True Markets Launches Tokenized Equity Trading, Starting with Nvidia
RWA Signal Insight
StocksTrue Markets has officially launched an on-chain orderbook for tokenized equities, debuting with an Nvidia (NVDAc) against USDC trading pair. This platform aims to solve the problem of 'unanchored pricing' where tokenized assets deviate from their underlying equity values during 24/7 trading cycles. By utilizing a traditional orderbook model rather than Automated Market Makers, the platform provides limit orders and price protection to mitigate high slippage. The service is currently accessible to beta clients via APIs and FIX gateways, specifically targeting users outside the United States. This development reflects a broader industry trend toward 24/7 equity markets, following similar initiatives by firms like Alpaca and Kraken. True Markets intends to expand its offerings with additional equity orderbooks in the near future. The launch highlights the ongoing evolution of DeFi infrastructure to support institutional-grade execution for real-world assets.
Key points
- True Markets launched an on-chain orderbook for tokenized Nvidia (NVDAc) against USDC.
- The platform utilizes FIX gateways and APIs to offer limit orders and price protection.
- Service is currently restricted to eligible beta clients located outside the United States.
- The model aims to prevent 'unanchored pricing' common in 24/7 AMM-based tokenized equity trading.
Background
True Markets is a financial technology firm focused on building infrastructure for tokenized securities. The company specializes in creating on-chain orderbooks that bridge traditional equity market execution standards with decentralized finance protocols.